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American Finasco
3rd party intervention for your small business
Many small business owners find it challenging to manage their business, finances, and debt. Debt is overwhelming, and stressful, leading to serious consequences for your business. American Finasco’s Third-party Intervention Services will establish a new line of communication between debtors and creditors giving your business the ability to thrive again. Too many businesses make a...
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Dissolving a company, or going out of business is a tough process. Even after a company closes, outstanding debt does not go away. This includes money owed to employees, landlords, suppliers, utilities, service providers, and even banks and private lenders. You can limit your liability by notifying creditors of your closure, but you still need to...
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become tax savvy this year
If you own a small business without a dedicated bookkeeper or accountant, there’s a possibility you aren’t covering the basics. But it’s still early in the year, and there is time to put in place some best practices for an easier tax season.   Here’s what you SHOULD NOT do:   Let receipts pile up....
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Eliminate Debt with American Finasco
There is a way to get control of your business debt. It does not always mean you have to close your doors or file for bankruptcy. You cannot run from debt, and it will never go away on its own. Begin with these simple steps to assess the amount of debt and then move into...
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be aware of online scams
There has been a major development in the online alternative lending industry, making it easier to get qualified and approved for business loans, debt resolution, and consolidation. However, this option has also opened doors to online scams, hackers, and fraud. The pandemic has increased this problematic activity making small businesses more vulnerable. Now, thieves are...
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A new year brings new resolutions for your small business. Consider how you can improve this year in your role as a small business owner. Resolution 1: Review business targets and budgets Start by preparing a budget and review it monthly. This is important to the success of your company. Don’t let your budget gather...
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Run your business within means
Running your own business can be such a great experience. Being your own boss is satisfying and rewarding. Although there are many highs, there will also be lows, and this usually involves money. Finances are always a great concern, especially when you realize your business isn’t actually making money. Running your own business usually involves...
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when relationships with your bank matter
We have seen many situations in which borrowers have let us know a little too much information. Whether it is cheating on taxes or forcing another lender to give them a discount with bullying techniques and tactics. These people do not become our clients, we cannot trust them. For example, there is a difference between...
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Being realistic with your business goals
Manage your cash flow Many small business owners do not review their numbers regularly or believe that their finances are accurate. Still, “cash is king” is true for all businesses. You can look great on paper, but if you mismanage your cash flow – you become cash poor. This can make it hard to get...
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Know your small business numbers
First, know the numbers If you are not a numbers person, consult with someone who is. It could mean life or death for your small business. Some of us are just not a “numbers person”.  That is fine, but little is more important in business than understanding your financial situation. Numbers give a clear indication...
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American Finasco

A Commercial Debt Management company in Houston, Texas, American Finasco has served thousands of clients in all regions of the United States. The profile of American Finasco’s client is a closely held, under-capitalized corporation, with gross revenue between $500,000 and $100,000,000.

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